Tax initiative could help low-income workers
Victims of Hurricane Katrina may be eligible for the earned income tax credit (EITC). If they qualify, they may claim the refund.
Former President Bill Clinton announces a tax initiative to help Katrina families. Millions of people meet the requirements for the EITC, which refunds payroll and income taxes to low-wage workers, but do not claim it. Some poor families can be credited as much as $4,400, depending on their earnings and number of eligible children. Details from The Associated Press/Newsday.
Related: Clinton Foundation
Tags: Earned Income Tax Credit, Katrina, Gulf Coast, African-American, News, Media by Sistrunk